Novavax (NVAX) Inventory Average (2022 - 2026)
Novavax (NVAX) recorded quarterly Inventory Average of $11.5 million in Q1 2026, down 8.19% quarter-over-quarter from $12.5 million in Q4 2025, and up 20.99% on a YoY basis from $9.5 million in Q1 2025.
Novavax (NVAX) Inventory Average (2022 - 2026) Analysis & Trends
Novavax's Inventory Average history runs 5 years deep, the most recent figure standing at $11.5 million for Q1 2026.
- In Q1 2026, Inventory Average rose 20.99% year-over-year to $11.5 million; the TTM figure through Mar 2026 stood at $11.5 million (up 20.99% YoY), while the FY2025 annual figure was $10.1 million, down 59.77% from the prior year.
- Inventory Average was $11.5 million for Q1 2026 at Novavax, down from $12.5 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $181.5 million in Q2 2022 to a low of $8.7 million in Q4 2024.
- Historically, Inventory Average has averaged $44.1 million across 5 years, with a median of $28.7 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Inventory Average sank 84.38% in 2024, then soared 44.11% in 2025.
- A 5-year view of Inventory Average shows it stood at $59.6 million in 2022, then declined by 6.57% to $55.6 million in 2023, then tumbled by 84.38% to $8.7 million in 2024, then jumped by 44.11% to $12.5 million in 2025, then fell by 8.19% to $11.5 million in 2026.
- The last three Inventory Average figures came in at $11.5 million (Q1 2026), $12.5 million (Q4 2025), and $11.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 30.59 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.73 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Novavax | 1.49 Bn | 931.98 Mn | 108.82 Mn | 11.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.50 Mn |
| Dec 31, 2025 | 12.53 Mn |
| Sep 30, 2025 | 11.88 Mn |
| Jun 30, 2025 | 10.25 Mn |
| Mar 31, 2025 | 9.51 Mn |
| Dec 31, 2024 | 8.69 Mn |
| Sep 30, 2024 | 8.91 Mn |
| Jun 30, 2024 | 12.48 Mn |
| Mar 31, 2024 | 28.74 Mn |
| Dec 31, 2023 | 55.64 Mn |
| Sep 30, 2023 | 46.54 Mn |
| Jun 30, 2023 | 28.84 Mn |
| Mar 31, 2023 | 35.43 Mn |
| Dec 31, 2022 | 59.56 Mn |
| Sep 30, 2022 | 169.37 Mn |
| Jun 30, 2022 | 181.47 Mn |
| Mar 31, 2022 | 57.76 Mn |